This is supported by the case-law according to which an “equivalent” is in itself a separate act which, together with the main instrument and all other equivalents, constitutes an act. This means that a document, for it to be a valid equivalent, must be properly executed by the party, which would probably not be the case if both signatories signed separate copies. Different courts have the address of the circumstances in which an e-mail can serve as a binding contract. In short, an email can be a letter that can be a contract if it is signed by the party or a person authorized to bind the party and contains the terms of the agreement. Of course, the signature required in the email must be a valid electronic signature. A counterpart clause expressly states that the parties agree that they may only obtain a copy signed by the other party. The receipt by the party of a signed copy constitutes acceptance of the offer presented by the written contract. The term “digital signature” can also be used. Digital signatures are a type of electronic signature behind which is a digital certificate for authenticating the electronic document. If a party wants the original contract to be notarized, the consideration clause is still useful. This means that he does not need a single original contract signed. An electronic signature (e-signature) is an electronic sound, symbol or process that is attached to or logically linked to a contract or other record. It is executed (signed) by a person with the intention of signing the registration.
The clause allows the agreement to be executed in several identical copies so that the parties can sign the document in different places. However, it requires that the documents be identical; and the execution of a signature page does not constitute an agreement between the parties. If the contract or instrument does not contain a “counterparty clause”, can the parties still perform each other`s contract or instrument? The second justification, taken from the American Bar Foundation`s comments on Model Debt Indenture commissions, states (p. 590) that “it is highly desirable to include a provision concerning counterparties in order to avoid any problem that is the original of several signed copies of the Indenture.” Some practitioners believe that an enforcement clause requiring the signature of two subscriptions can be signed by the other. However, on this point, legal authority is lacking and this is not the preferred point of view. If you sign a private contract between two parties, you can agree on acceptable types of signatures. Present this agreement in writing so that you can bring it to justice if necessary. If your contract or agreement is to be registered with a court, you will probably need to have as consideration documents signed in the original. During the rush of a transaction, documents may need to be signed in the equivalent. In the law, an equivalent is a double document. The term “equivalent” is used in legal documents to describe a copy of a contract that is signed and is considered legally binding, just like the original.
In many cases, multiple copies of a contract document are produced, allowing all parties and signatories to have a copy of the contract. After the signature of all copies, they can be considered equal. An original signed copy of a legal document is always an acceptable equivalent. In some cases, the signature can be signed in the presence of a notary or verified by an identity document. The counterparts clause states that the parties are not obliged to sign the same copy of an agreement and that each of the copies can be treated as original for evidential purposes. . . .
